Macau has formed a Logistics Development Committee to help the local logistics industry cope with the challenges of developing regional cooperation. “This policy is aimed at coping with the 12th five-year plan of the Chinese Government, especially considering the future establishment of Hengqin Island and the construction of the new Macau/Zhuhai/Hong Kong Bridge,” said Edward Lee from Macau Air Freight Forwarding (Logistics) Association according to the Macau Daily Times.
“It would be welcomed by operators and inter-related business sectors of this industry. There will be one body to coordinate efforts, resources, data, opinions, etc to foster this industry’s development and cope with the current development of the service industries and convention/exhibition business,” said the Macau Shipping and Logistics Association.
Currently, the local logistics industry lags far behind other regional competitors, such as Hong Kong. According to data from the Macau Air Freight Forwarding (Logistics) Association, last year Macau handled 52,000 tonnes of air cargo compared with Hong Kong’s 4.8 million tonnes.
The effort is clearly late in the coming however, with direct air links between Taiwan and China rapidly eroding the logistics business since 2008.
“Today, freight forwarder activity has decreased almost by half. Freight forwarders in Macau have about 30 to 40 offices, but business is insufficient,” Lee said. He forecasts that due to the “empty period” for cargo that followed the tsunami in Japan, Air Macau may drop some freighter services to Japan after August. “This will make some companies even more disappointed,” he said.